The Australian Charities Fund
Since 2002, the not-for-profit entity, the Australian Charities Fund (ACF) has been the architect, driver and thought leader of workplace giving as the most effective and efficient way to channel donations from both employees and employers to the charitable sector and increase their capacity to achieve social change.
Inspired by a review into the culture of giving that exists in both the United States and the United Kingdom, ACF became aware that Australia’s system of taxation was not conducive to giving. Working in step with the Federal Government, legislation was passed to encourage every Australian in employment the chance to make pre-tax donations to charity.
Following the launch of workplace giving by then Australian Tax Commissioner, Michael Carmody who invited Australians to ‘pay less tax’, each year workplace giving contributes more than $90m to the charity sector. ACF continues to advocate for greater levels of participation in workplace giving knowing the long term social impact that can be achieved.
Since its launch in 2002, ACF is supported by some of Australia’s leading philanthropists and the business sector through its Employer Leadership Initiative. Their collective support of workplace giving, as a means of transforming the giving culture in Australia that is resulting in social change, has established ACF as the most respected thought leader and facilitator of workplace giving. More recently some of Australia’s most innovative charities are now investing this giving channel to build their capacity to achieve social change. ACF is fortunate to receive total probono support for all operations expenses from Bain & Company; an arrangement that commenced in 2002 and continues today.